Cement News tagged under: price increase

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Kazakhstan sees cement price hike

04 June 2021, Published under Cement News

Kazakhstan has seen a rise in cement prices on the back of an improvement in the country’s housing construction market. "In general, manufacturers' prices are kept at KZT20-22,000 (US$46.69), the growth is about five per cent. On the market this figure has grown by 30-40 per cent, in some places by 50 per cent," said Minister of Industry and Infrastructure Development, Beibut Atamkulov. The country’s Antimonopoly Committee has already a verification procedure, according to the Kazakhsta...

Continental Cement announces price increase

03 June 2021, Published under Cement News

US-based Continental Cement Co (Summit Materials) has announced a price increase for customers served by its Louisiana and Memphis terminals. As a result of increasing industry operating and logistics costs, the company is increasing cement prices by US$6/st. Delivered prices will be adjusted at the time of shipment to reflect any increases in freight rates, fuel surcharges and/or taxes, according to a statement.

Henan to hike water and electricity fees

09 July 2020, Published under Cement News

The Chinese province of Henan will increase water and electricity tariffs for cement and steel producers that have failed to meet ultra-low emissions standards, said the provincial environmental regulator. Henan is home to six of the country’s 20 most-polluted cities, reports Reuters. To address the emissions, companies that do not meet emissions treatment or clean transportation requirements will have to pay an additional CNY0.05-0.1/m 3 (US¢0.7-1.4/m 3 ) for water and an extra CNY0.01-0...

India sees cement price increase in January

13 January 2020, Published under Cement News

India has reported cement price increases in most parts of the country in January, according to market analysts. "Prices have increased by about INR10/bag (US$0.14) (three per cent up from last month) in most parts of the country (according to our channel checks) after declining by about INR30/bag in the last six months," stated analysts from Motilal Oswal Financial Services. Furthermore, producers are expected to post healthy EBITDA growth in their results for the quarter ending Decem...

Cement prices rise in China due to demand from construction sector

12 September 2019, Published under Cement News

On 9 September, the construction of 10 major projects started in southwest China's Guizhou province, representing a total investment of CNY68.53bn (US$9.62bn). As a result, cement prices in some areas of Guizhou have seen an average increase of CNY60/t since August. Elsewhere, Zhejiang, Jiangxi, Hubei, Hunan, Henan and Shandong provinces, as well as the autonomous region of Guangxi, have recorded a price increase of around CNY20-40/t. "The country's cement prices have maintained at mor...

India records cement price increase in February

07 March 2019, Published under Cement News

Cement prices across India rose by around INR25/50kg (US$0.35/50kg) last month on the back of increased demand, reports The Hindu Business Line. The southern region recorded the steepest rise per bag at INR52 in Bengaluru, INR62 in Chennai and INR77 in Hyderabad. In comparison, price hikes in other regions were more moderate at INR26 in the west, INR12 in the east and INR7 in the central area. Meanwhile, prices in the northern region saw a minor increase of INR4/50kg bag due to a slower ...

Lafarge (Mauritius) raises price of Baobab cement

04 October 2018, Published under Cement News

The price of a 25kg bag of Baobab cement increased by MUR1-4 (US¢2.9-11.6) on 1 October 2018. Lafarge (Mauritius), which produces the cement, has reviewed the price of its Baobab range as a result of “increasing international raw material prices since the start of the year.” Bagged Baobab CEM II 42.5 now costs MUR115, up from MUR114, while Baobab Lakaz CEM II 32.5 cement is sold at MUR110/25kg bag, representing a 3.8 per cent increase from MUR106 before the price rise. However, Baobab 6 MC ...

Nigeria: cement prices increase

12 July 2016, Published under Cement News

According to The Guardian Nigeria market research, there has been a fluctuating increase in cement prices since May 2016. Previously prices had been reduced by Dangote Cement Plc, the leading producer of cement in the country, with prices dropping from approximately NGN2000 (US$7.08) to NGN1000-1400 (US$3.54-4.96) per 50kg bag. However, bags of cement sell now at up to NGN2000 across all brands. This return to high prices has slowed housing construction, real estate activities and has inc...